ERNST TOPS BONHAMS NEW YORK IMPRESSIONIST AND MODERN SALE

New York – Bonhams New York sale of Impressionist and Modern Art on 14 November realized $3,335,000, with the top lot, Max Ernst's spectacular Sedona landscape, achieving $588,500. The auction sold 74% by lot and 83% by value, displaying the continued strength of the market.

Additional highlights from the sale included Alberto Giacometti's Femme debout au chignon, realizing $552,500 and Maternité dans l'âne rouge by Marc Chagall, which doubled its estimate after spirited bidding in the room and over the phones, before selling to a bidder online. Six of the top ten lots beat their high estimates.

William O'Reilly, Vice President, Impressionist & Modern Art, said, "We saw strong bidding across the board in a sale that was particularly rich in works that were appearing at auction for the first time. These were eagerly pursued by buyers across the globe, especially from east Asia. The results are a testament to the combined efforts of the Bonhams international team."

The fall season at Bonhams New York continues at 5:00 p.m. Wednesday 15 November in the Post-War & Contemporary art sale.


NOTES FOR EDITORS

Bonhams, founded in 1793, is one of the world's largest auctioneers of fine art and antiques. Today, the auction house offers more sales than any of its rivals. The main salerooms are in London, New York and Hong Kong. Sales are also held in the UK in Knightsbridge and Edinburgh; in the US, in San Francisco and Los Angeles; in Europe, in Paris and Stuttgart and in Sydney, Australia. Bonhams also has a worldwide network of offices and regional representatives in 25 countries offering sales advice and valuation services in 60 specialist areas. For a full listing of forthcoming sales, plus details of Bonhams specialist departments, please visit bonhams.com

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